They determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
Some of the job titles of this field are Account Clerk, Accounting Assistant, Accounting Associate, Accounting Clerk, Accounting Specialist, Accounting Technician, Accounts Payable Clerk, Accounts Payable Specialist, Accounts Payables Clerk, Accounts Receivable Clerk.
Occupation specific Information
Tasks:
· Direct or coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency.
· Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
· Prepare budgets for approval, including those for funding or implementation of programs.
· Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
· Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
Occupational Requirement
Work Activities
· Direct financial operations.
· Confer with organizational members to accomplish work activities.
· Prepare operational budgets.
· Direct organizational operations, projects, or services.
· Develop organizational policies or programs.
Education & Experience Requirement
Education
Bachelor/Master degree in Business Management/Business Administration
Related Experience
Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
Job Training
Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.
Skills Required
Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Complex Problem Solving — identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Critical Thinking — using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Coordination — adjusting actions in relation to others' actions.
Management of Financial Resources — determining how money will be spent to get the work done, and accounting for these expenditures.
Knowledge Required
Administration and Management — Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
Personnel and Human Resources —Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
Customer and Personal Service — Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Economics and Accounting —Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Worker Characteristic
Enterprising — Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.
Conventional — Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
Related Occupation
· Compliance Managers
. Treasurers and controllers
· General and operations managers
· Public relations manager
· Social and community service managers